Genesis Liquidity [terminated]
The initial $10M in liquidity provided to the pool comprising ALP
Last updated
The initial $10M in liquidity provided to the pool comprising ALP
Last updated
In return for providing the intial liquidity used to seed the ALP pool, and duration lock staking ALP for 6 months, users were given an additional $ADX reward in the form of 5% (50,000,000) of the total $ADX supply. This amount is shared pro rata based on your deposit. This bonus is paid out monthly for the first 6 months of the program going live.
As an example: If you deposited $100k, 'x' amount of ALP would be minted representing 1% of your share of the pool ($10M). Based on this, you would receive 83,333.333333 $ADX every month for 6 months, totaling 500k $ADX (1% of rewards).
Users can view their duration lock staked $ALP position and their unclaimed $ADX rewards on the of the application.